The Tip Desk

Trane Technologies plc

Company Stats

Market Cap
$99.4B
as of Sep 30, 2026
Shares Outstanding
220.0M
Free Float
94.2%

Income Statement

Revenue
$21.3B
Operating Income
$4.0B
Net Income
$2.9B
EBITDA
$4.3B
Revenue Growth, 3Y
10.1%
FCF Margin, 3Y Avg
13.0%
FCF Margin, Worst Year
11.8%

Cash Flow

Free Cash Flow
$2.8B
FCF Yield
2.8%
Owner FCF Yield
2.7%

Balance Sheet

Cash & Equivalents
$1.8B

Returns & Capital

Dividends Paid
$837.3M
Dividend Yield
0.8%
Dividend Payout, 3Y Avg
30.7%
Share Repurchases
$1.5B
Buyback Yield, 3Y Avg
1.2%
SBC, 3Y Avg
$77.9M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$21.3B$2.8B13.2%
FY2024$19.8B$2.8B14.0%
FY2023$17.7B$2.1B11.8%
FY2022$16.0B$1.2B7.6%
FY2021$14.1B$1.4B9.7%

Annual filing data through FY ended December 31, 2025; shares and float as of October 30, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage